Occasional Shippers

Handling two or three shipments a month sounds simple, but it can seem like every shipment needs a different form or must comply with a different regulation. Whether you are a big or small business, you experience these challenges.

Frequent Shippers

You have regular, consistent import and/or export shipments. You’ve engaged brokerage and freight providers to help, but managing multiple shipments and multiple partners can be a drain on your time and resources.

Enterprise Shippers

Your business has a global footprint, and managing your supply chain takes significant time and resources. You need help to maintain consistent, repeatable and compliant trade processes from end-to-end.

Carriers

As a carrier or driver, customer service is your top priority. We’ll help you navigate the border quickly and deliver on your commitments. We can even help you offer additional services to your clients.

HomeMaximize your duty savings by taking advantage of First Sale and classification

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Maximize your duty savings by taking advantage of First Sale and classification

Are you taking advantage of the First Sale Rule and accurately classifying your imports?

As a retailer, you know the value your customers place on finding the best value for their money. How do you provide the lowest possible prices for your customers while still turning a healthy profit?

Your supply chain offers a couple of significant cost-savings opportunities to help you lower the cost of the products you import so you can pass those savings on to customers.

The First Sale Rule

The First Sale Rule helps importers realize lower duty costs on products imported into the United States. Importers are typically required to pay duty on the value of any goods purchased from another vendor, but with the First Sale Rule, importers can make their Customs declarations using the price the original vendor paid – which is always lower than the resale price. Take advantage of First Sale to lower your duties paid.

Tariff and HS classification

Every import has an accompanying classification number; ensuring these numbers are correct is critical to maintaining an efficient and cost-effective supply chain. If you classify your goods incorrectly, you could end up paying higher – in some cases much higher – duties on your imports. In addition, classification mistakes can mean shipping delays and customs penalties, which no retailer can afford.

Livingston understands the documentation requirements of First Sale and the ins and outs of tariff classification. We can help you ensure you pay the correct amount of duty on your imports, and ensure those imports get to you in a timely manner.

We provide clarity in a world of trade complexity so that businesses can grow further, faster, smarter. Over 30,000 clients trust us with their customs brokerage, trade consulting, global trade management and freight needs.